Monster Beverage shares are trading lower after Roth MKM maintained a Neutral rating and lowered the price target from $59 to $56.
Portfolio Pulse from Benzinga Newsdesk
Monster Beverage shares are trading lower after Roth MKM maintained a Neutral rating and lowered the price target from $59 to $56.
June 12, 2024 | 4:24 pm
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NEGATIVE IMPACT
Monster Beverage shares are trading lower after Roth MKM maintained a Neutral rating and lowered the price target from $59 to $56.
The downgrade in the price target from $59 to $56 by Roth MKM, along with the maintained Neutral rating, has led to a negative sentiment among investors, causing the shares to trade lower.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100